India focusing on promoting domestic defence production: Sitharaman


Defence Minister Nirmala Sitharaman Wednesday said the Government was focusing on promoting domestic defence production to build capacities for catering to the need of the armed forces.

In this direction, Prime Minister Narendra Modi came up with the idea of two defence corridors–one each in Tamil Nadu and the other in Uttar Pradesh, she said.   Sitharaman said at present there are several manufacturers who send their components to various big vectors and platforms manufactured outside

“Why is it that we won’t be able to produce those very vectors and platforms in India? And that is one of the reasons– that by announcing the corridor, we have invited quite a lot of manufacturers from abroad to come, choose the location where they want to establish their unit and start producing defence equipment,” she added.   Read more

You may also read!

Meghalaya HC pulls up airline operators for ‘misleading’ it on Umroi airport operations

The Meghalaya high court has sought an explanation from several airline operators for trying to mislead the court with “false” reasons

Read More...

Air fares soar as IndiGo cancels flights

Air fares to most domestic destinations from Chennai remain high as Indi-Go is cancelling flights daily. Though the number

Read More...

GMR set up sub-committee to consider demerger of airport biz

In what could be a precursor to the GMR group clearing the decks for taking its airports business public,

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu